All articles by Ed Devlin – Page 206
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Waitrose commits to Tesco price match promise in the face of plummeting profits
Waitrose has reaffirmed its commitment to continue matching Tesco on branded goods in 2015 despite its profits plunging by almost a quarter in the previous year.
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Quorn to invest £40m in bid to become a £1bn food giant
Quorn Foods is embarking on a £40m investment drive to continue to fuel its rapid growth over the next 12 months on the road to becoming a £1bn business.
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City Snapshot: Aldi tops ranking of Britain's fastest growing retailers
The middle is caught in the squeeze of the discounters and the luxury end of the market as Aldi and Waitrose top a table of Britain’s fastest growing retailers.
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Media Bites 11 March: Kantar Worlpanel, Ocado, cigarette plain packaging
The latest market share data for the supermarkets gets plenty of attention today, along with Ocado’s partnership with Morrisons and impending plain packaging regulation for cigarettes.
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Ocado’s shrinking basket size is down to deflation, says Steiner
Ocado CEO Tim Steiner has put the continuing fall in basket size at the online grocer down to food deflation and changes to the way customers order at its pet product and kitchen and dining companies.
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City Snapshot: SABMiller confident of winning solid growth in Africa
SABMiller MD Mark Bowman outlines the brewer’s African growth aspirations
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Media Bites 9 March: Morrisons, Tesco, M&S
Morrisons former CEO Dalton Philips to receive £3m payout, Tesco manager in charge of in store dining leaves, and M&S replace dividend with discounted gift card.
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Cauli Rice smashes funding target as it readies for launch
Rice replacment product Cauli Rice has attracted £420k through its second round of crowdfunding as it gets set to launch in Sainsbury’s, Waitrose and Holland & Barrett.
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Yeo Valley profits squeezed as organic brand pushes up sales
Profits have slipped at dairy group Yeo Valley despite a £14m rise in sales to £275m as its margins were squeezed by the steady increase in the cost of its ingredients
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Former First Milk plant at Maelor gets poultry green light
A £10m investment in a poultry processing plant in North Wales has been given the green light
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City Snapshot: Profits and sales leap at Vimto maker Nichols
Nichols has grown its Vimto brand in the UK in 2014 on the back of a new advertising campaign fronted by a purple toad leading to jumps in sales and profits. Carrefour also posts full year results.
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Media Bites 5 March: Greggs, McDonalds, Coca-Cola
Greggs continued turnaround, a new marketing push in the UK for Coca-Cola and an updated chicken policy for McDonald’s all feature in today’s newspapers.
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Greggs shares soar on record profits and seven-year like-for-like sales high
Shares in Greggs (GRG) have soared once again today as the high street bakery chain posted record profits and the strongest like-for-like sales seen since 2007.
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City snapshot: Greggs celebrates 'exceptional' progress with record profits
High street bakery chain Greggs has puffed up like-for-like sales to the strongest levels since 2007 on the back of favourable market conditions
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Media Bites 4 March: Morrisons, organic farming, Target
In a quiet morning for retail, a former Morrisons executive jailed for insider trading dominates the papers
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Unilever extends personal care range with REN Skincare deal
Unilever has agreed to acquire a British skincare brand as it seeks to expand its range of personal care products.
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Salisbury Poultry to invest £10m at former First Milk site in Wales
A £10m investment in a poultry processing plant in Wales has been given the green light, paving the way for the creation of 150 jobs in Wrexham.
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Rifkind to leave Unilever board following ‘cash-for-access’ scandal
Sir Malcolm Rifkind is to part ways with consumer goods giant Unilever following the MP’s departure from Parliament in a cash-for-access scandal.
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McColl’s shares plunge as consumer environment remains challenging
Shares in McColl’s Retail Group plunged almost 11% on opening this morning after the c-store chain warned that the market remained “challenging and competitive”
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City snapshot: McColl's puts in 'best-ever' year but challenges remain
Top story C-store chain McColl’s Retail Group (MCLS) has announced its “best-ever” set of results in its maiden full-year as a listed company. Revenues exceeded £900m for the first time, growing 6.1% from £869.4m in 2013 to £922.4m in the 53 weeks to 30 November – when ...